Within the last couple of weeks or so, we’ve heard about rekindled talks between T-Mobile and Sprint regarding a possible merger. Today, a new report from Bloomberg claims people “familiar with the matter” say that the merger is likely to be publicly announced at the end of the month along with the quarterly financial reports.
Both sides are performing the final due diligence (steps required for the legality of a transaction) to determine Sprint’s valuation in the merger. According to these people, setting an exchange ratio is one of the last steps needed before moving forward.
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